M&A Deal Summary

Transtex Acquires Smart Truck - TopKit and LeadEdge Top Fairing Assets

On April 11, 2019, Transtex acquired transportation company Smart Truck - TopKit and LeadEdge Top Fairing Assets from Smart Truck

Acquisition Highlights
  • This is Transtex’s 1st transaction in the Transportation sector.
  • This is Transtex’s 1st transaction in the United States.
  • This is Transtex’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2019-04-11
Target Smart Truck - TopKit and LeadEdge Top Fairing Assets
Sector Transportation
Buyer(s) Transtex
Sellers(s) Smart Truck
Deal Type Divestiture

Target

Smart Truck - TopKit and LeadEdge Top Fairing Assets

South Carolina, United States
Smart Truck LLC - TopKit and LeadEdge Top Fairing Assets are an EPA SmartWay® verified and C.A.R.B. compliant which redirects air towards the rear of the trailer to reduce drag and benefits dry vans, reefers and straight trucks with swing or roll-up doors. The LeadEdge assets improve the airflow between the truck and trailer or two tandem trailers.

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Buyer(S) 1

Buyer

Transtex

Indianapolis, Indiana, United States

website


Category Company
Founded 2005
Sector Transportation
DESCRIPTION

Transtex LLC develops and manufactures solutions that offer fleet operators the capacity to significantly reduce fuel consumption and improve vehicle safety. Transtex was formed in 2005 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Smart Truck

Greenville, South Carolina, United States

website


Category Company
Sector Transportation
DESCRIPTION

Smart Truck LLC is a provider of aerodynamic products to the trucking industry. SmartTruck’s patent-protected trailer undertray and topkit systems combine performance, savings, and durability.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1